The New York Stock Exchange said late Thursday that it will open for trading on Monday even as the Eastern seaboard braces for the onslaught of Hurricane Irene.

“We have contingency plans in place for such events with the goal of having the market up and running while ensuring the safety of our people,” Richard Adamonis, a spokesman for the exchange, said in an email.

Contingency measures include proactive personal and information outreach to employees and the trading community as well back-up power generation facilities.